FxWirePro- ETHUSD Trade Idea

ETHUSD showed a minor sell-off as US threatened to impose more tariff on Apple and EU. It hit an high of $2734 and is currently trading around $2566.30.

Overall trend remains bullish  as long as support $2300 remains intact. Watch out for $2770, any breach above targets $3000/$3400/$3600/$3800/$4000. A robust bullish trend will only materialize above $4100.

Immediate support is around $2500. Any violation below will drag the price down to $2000/$1750/$1675/$1620/$1500/$1200/$1000. A breach below $1000 could see Ethereum plummet to $800/$500.

It is good to buy on dips around $2300 with SL around $2000 for a TP of $3000/$4000.